SPDR S&P 500 (SPY): Fed Chair Powell Met with a Sovereign We...

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Monday, 10/21/2019 1:30:07 PM

Monday, October 21, 2019 1:30:07 PM

Fed Chair Powell Met with a Sovereign Wealth Fund in August and Had a Call with a Central Bank Holding Tens of Billions in U.S. Stocks
Jerome Powell, Chairman of the Federal Reserve this morning pumped another $58.15 billion into Wall Street securities firms under the repo loan program it initiated on September 17. That program has been pumping out hundreds of billions of dollars each week to Wall Street with no authorization from Congress, as far as the public is aware.

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